Shares of Junior Miner Higher on Financial Results - InvestingChannel

Shares of Junior Miner Higher on Financial Results

This producer of gold, silver, zinc, and copper announced financial results today, sending shares higher.

Luca Mining (TSX-V: LUCA) (OTCQX: LUCMF), a diversified Canadian mining company with two 100%-owned producing mines in Mexico, announced today in a press release.

The firm announced record net quarterly revenue for the second quarter of 2024 of U.S. $18.2 million, up 49 percent from the second quarter of 2023. Luca also announced positive net earnings of U.S. $4.7 million for the second quarter of 2024, an increase of 217 percent over the second quarter 2023. Meanwhile, earnings per share increased 130 percent over the same 2023 period at US$0.03 per share. 

The Campo Morado mine is an underground operation located in Guerrero State, a prolific mining region in Mexico. It produces copper-zinc-lead concentrates with precious metals credits. 

 

Copyright © 2024 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com’s content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

View the original article on AllPennyStocks.com

]]>

Related posts

Advisors in Focus- January 6, 2021

Gavin Maguire

Advisors in Focus- February 15, 2021

Gavin Maguire

Advisors in Focus- February 22, 2021

Gavin Maguire

Advisors in Focus- February 28, 2021

Gavin Maguire

Advisors in Focus- March 18, 2021

Gavin Maguire

Advisors in Focus- March 21, 2021

Gavin Maguire